I met a friend from Kuala Lumpur. A few months ago, he was involved in a serious accident. He was injured but another person was killed.
After his recovery, my friend reflected on the following:
1. Did he have adequate life insurance?
2. If he had gone, did his family know about his life insurance and other assets?
He decided to double his life insurance and to keep a record of his life insurance and other assets with a few family members.
A year ago, someone wanted to provide a secure portal for people to register their life insurance and other assets, to be accessed by their family members after their death. This is a supplement to a will. So far, he has not found the right approach to provide this service.
Do you think that there is a demand for this type of service?
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